Emerging Markets Trading
FX Derivatives Trading
Emerging Markets Interest Rates
Babak Eftekhari | FX Derivatives Expert Witness | SEDA Experts
Babak Eftekhari has over 25 years of experience in the finance industry, primarily as an emerging markets and foreign exchange derivatives trader. He served as managing director and head of local European Emerging Markets trading at Goldman Sachs and then subsequently Bank of America Merrill Lynch. In addition, he has had supervisory oversight for local emerging markets interest rates businesses as well as hard currency flow trading and structured products.
Mr Eftekhari, as former head of European Emerging Markets trading primarily managed the European local markets foreign exchange and rates businesses at Bank of America Merrill Lynch and prior to that at Goldman Sachs. In addition to his managerial role for the local markets, he had at various times supervisory responsibilities for the cash and structured credit businesses. During his time at Goldman Sachs, he oversaw a large expansion of the local markets business, and in particular the foreign exchange business, from a team of four traders to one of 20 traders, covering a wide range of markets and products.
Mr Eftekhari began his career in 1997 as a developed markets foreign exchange options trader co-managing the Japanese Yen book, before assuming sole responsibility for the European Cross book in London. He subsequently spent a period of time managing the EUR and GBP books in New York, as well as backing up the risk management of the Latin American FX options book. Upon his return to London in 2001, he assumed sole responsibility for European Emerging Markets options book, eventually assuming managerial responsibility for the entire European Emerging Markets foreign exchange until leaving Goldman Sachs in 2013 and the European Emerging Markets rates businesses for a period time. Whilst at Goldman Sachs, he served as a member of the Divisional Risk Committee. Upon leaving Goldman Sachs, Mr Eftekhari was head of European Emerging Markets Trading at Bank of America Merrill Lynch from 2013 to 2016, overseeing a turn around of the local markets business.
During the last few years, Mr Eftekhari has been involved in various consulting roles related to his career in finance. More recently he spent three years as Chief People Officer and Head of Talent Acquisition at Eisler Capital.
University of Cambridge
PhD, Empirical Finance
College of Law/Open University
LLB – Bachelor of Laws
University of London, Birkbeck College
MA, Contemporary Culture and Literature
BA, History of Art
Chief People Officer & Head of Talent Acquisition
Global Financial Experts
Bank of America Merrill Lynch
Head of Emerging Markets Trading, Europe
Goldman Sachs International
Head of CEEMA foreign exchange trading
Emerging Markets FX options trading